3 Auto Parts Stocks to Sell Now

BWA, WBC, IEP slump in weekly rankings

   
3 Auto Parts Stocks to Sell Now

This week, the overall grades of three Auto Parts stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

BorgWarner (NYSE:BWA) is on the decline this week, earning a D (“sell”) after receiving a C (“hold”) last week. BorgWarner is a supplier of highly engineered systems and components, mainly for powertrain applications. As of August 3, 10.5% of outstanding BorgWarner shares were held short. For more information, get Portfolio Grader’s complete analysis of BWA stock.

Wabco Holdings (NYSE:WBC) gets weaker ratings this week as last week’s C drops to a D. Wabco Holdings manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems, that improve vehicle performance and safety and reduce overall vehicle operating costs. The stock also gets an F in Earnings Momentum. For a full analysis of WBC stock, visit Portfolio Grader.

This week, Icahn Enterprises‘s (NASDAQ:IEP) rating worsens to a D from the company’s C rating a week ago. Icahn Enterprises is a diversified holding company involved in a variety of businesses. The stock gets F’s in Earnings Growth, Earnings Momentum, and Sales Growth. To get an in-depth look at IEP, get Portfolio Grader’s complete analysis of IEP stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/3-auto-parts-stocks-to-sell-now-bwa-wbc-iep/.

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